'£80 million is not a lot of money': Meet the agent for billionaire house-hunters

'£80 million is not a lot of money': Meet the agent for billionaire house-hunters | Times Reports

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Күн бұрын

Gary Hersham, 70, founder of the agency Beauchamp Estates (pronounced Beecham), is the go-to agent for anyone arriving in London with tens of millions to spend and a taste for brass terrazzo and bookmatched marble. His is a world lit by chandeliers and bathed in gold leaf. One where every towel is monogrammed with the name of the house. There are wellness suites, salons, panic rooms, bulletproof wine cellars, and walls dripping with museum-worthy art.
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Пікірлер: 315

@williamj8349 Жыл бұрын

This chap is an aboslute state. I wouldn''t trust him with 80 million pounds for a house, no matter how much I was worth.

@rv1251 Жыл бұрын

😂😂😂

@claus1225 Жыл бұрын

he is just an real estate agent. doesnt matter if he from UK or Calcutta.

@4J_777 Жыл бұрын

@@claus1225 yes still unethical trying to get into someones mind thinking 80m pounds is normal even for a billionaire. people know how to spend. because of people like him the local no longer afford homes in their local country.

@AnotherHipster Жыл бұрын

@@claus1225 All estate agents are strange anyways

@brynleytalbot778 Жыл бұрын

You’re highly unlikely to ever deal with him which shows how out of touch you are with genuine high net worth individuals and their quirks.

@devraga9612 Жыл бұрын

I find it really odd a house is worth $100m but its access is on the street side. I would want a grand estate.

@skp8748 Жыл бұрын

Let's you know money is worthless. Thanks to the usury dealers

@theonlykingclayton Жыл бұрын

welcome to London, shitbox

@TW-bq2ve Жыл бұрын

I won’t be surprised that the owner has more than three grand estate. This one is in one of the most expensive neighborhoods in London. The only way to achieve what you wanted to have is to take over Buckingham Palace.

@anonimushbosh Жыл бұрын

Well for about the same cost you could move the building to a large estate in the country - plus then you'd have an empty plot in London worth $100M plus inflation.

@edgedg Жыл бұрын

When you visit London for a week, to do business, a grand estate is not convenient at all. It's a 1% net worth purchase, not a family home.

@skyraa Жыл бұрын

The way he says if someone offers him 140 million he would reject it with such a disgusted face explaining that the offer has to be within reason is absolutely hilarious

@KB-lv3vo Жыл бұрын

dude has been living in another reality 😆imagine a millionaire or billionaire getting looked down on for offering so "little money"

@edgedg Жыл бұрын

3:52 You misremeber the segment. A polite "Don't waste your time." is the reply to the potential buyer. The shocked "within reason" was towards the interviewer. I presume she asked something obtuse, like missing the point of the role of the agent. Note that the sales dynamics is different here than it is when plebs like us sell and buy a house. Unique houses have high variance in the perceived value, so the agent tries to find the highest bidder without disclosing the bids or listing the lowest acceptable price. Once a bid is "within reason", both parties can get involved in detailed research and negotiations. Tldr, high amount of low bids, and lenghty dealings with each potential buyer.

@ritarossi1805 10 ай бұрын

Is America paper House collapsing???

@Underhills Жыл бұрын

People working in environments with alot of money comes off as even more delusional than the people that actually owns the money 🤣

@apebass2215 11 ай бұрын

How much do you think his agent's commission is? He's not exactly poor himself.

@mcdonaldslover52 Жыл бұрын

So he says kitchen and the bathroom makes the house and then 1 minute later says that "you cant say youre buying a house because of the bedroom or the bathroom" and then says that a house could have a unique selling point like a unique swimming pool? Also all of the furniture and interior details are things that can be easily changed... for hundreds of thousands at most, not tens of millions. What cant be changed is location and size. That's literally where 90% of the cost is in these houses. He's just making it up along as he goes...

@jdos5643 Жыл бұрын

That’s what money hungry ppl do. They make things sound appealing and they do it for money

@victorcossimo Жыл бұрын

That's the subtle art of selling. The buyer has to decide what's more valuable to him or her.

@nextinstitute7824 Жыл бұрын

And the pick the countries with the best tax regimes, he left that out too...

@user-tt5xj5ib1e Жыл бұрын

Since when have real estate agents ever been known for their intelligence or logic ..... 🤔

@colin1235421 Жыл бұрын

He's a salesman, you're expecting too much from him... A salesman's job is take find reasons to make a commission and excuses for high prices. He is not there to inform you of fact.

@alexsteven.m6414 Жыл бұрын

Recession is often the result of external factors, and it appears that the United States is losing its grip as a federal reserve currency. With a decreasing ability to control inflation and a reduction in stocks and oil trading, it seems that a new multilateral world order is on the horizon.

@yolanderiche7476 Жыл бұрын

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@valeriepierre9778 Жыл бұрын

@@yolanderiche7476 After locating her, I composed an email and arranged a phone conversation. I'm optimistic that she will reply, and my go

@Mr_James777 Жыл бұрын

I wouldn't like to live along a busy public street in a 200M $ mansion. Imagine a huge riot and instead of looting the supermarket the mob starts targeting such homes and the wealthy.... Only a matter of time considering situation in France right now.

@serebii666 Жыл бұрын

That's what the private mercenary company, drones and that laser room from Resident Evil are for

@AP-ms2md Жыл бұрын

danger is everywhere, you can't live in fear your whole life

@gbb82 Жыл бұрын

Remember John Rockefeller was asked how much money is enough he responded: “Just a little more”.

@brynleytalbot778 Жыл бұрын

You’ll never earn enough, is another saying, as is Job means Just Over Breakeven. With each incremental income increase one’s lifestyle increases giving little extra actual return. If you make money you aren’t hostage to those dictating how you must display it.

@leonhenry4861 Жыл бұрын

He also said Morgan was poor when he died with 80 million.

@maireboy 11 ай бұрын

It's comforting to know no amount of money in the world buys taste.

@nextinstitute7824 Жыл бұрын

That first house has no soul.

@strictlyyoutube6881 Жыл бұрын

You are absolutely right. At that strata it's all about box checking rather than anything else. 1. Neighbourhood 2. Previous owner 3. Square footage 4. Parking 5. Bug out room 6. Will my friends be jelous

@samuelrapno7572 Жыл бұрын

Wich is perfectly corresponding with the people buying these type of high end properties 😂

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@error404blah Жыл бұрын

Off market sale of properties just scream "money laundering"😂😂 Especially if based in the UK. That island is just the worlds laundromat...

@wasnt.here.3853 Жыл бұрын

I don't have a grand familiarity with the UK. How is this the case?

@patmanrick Жыл бұрын

@ParanoidAlbanoidrecently they broughtnin new laws about property UBOs, basically you have to declar the individual is who stands behind any ownership structure, no matter how complex, or face criminal charges/penalties. There's also a crime for failing to prevent money laundering which is new. How often the laws will be enforced is obviously harder to say at this early stage

@leonhenry4861 Жыл бұрын

@@wasnt.here.3853because if you have a foreign passport they tax you on uk income only, not income from where ever you stole your millions. Hope that helps

@Ms123kill Жыл бұрын

@@wasnt.here.3853lll politicians and military generals from developing countries stash their money in Europe especially UK. This is a factual statement btw not some conspiracy theory. Its just sad

@s0meDude101 Жыл бұрын

yeah so off market that theres a bloody youtube video of it

@salviaofficinalis02 Жыл бұрын

Does he own £80 million to form statements like that?

@BrownyBird Жыл бұрын

😂NO!

@dw4525 Жыл бұрын

That snobbish attitude is typical of people like him who service the wealthy.

@brynleytalbot778 Жыл бұрын

He’s trusted to bring properties of that price to clients with the funds, effectively spending their money for them with the spontaneous decision based on him eliminating the time most buyers waste on searching for the perfect property. Cash rich, time poor. Why spend time searching when you make more money by employing his bespoke services.

@fruitpenguin6285 Жыл бұрын

In the video, he said 80 million in the context of someone who has 10 billion, is not a lot

@eats4cheaps305 Жыл бұрын

I'm certain he's got tens of millions

@dav_poy Жыл бұрын

Absurd stuff, great video

@joshclayg Жыл бұрын

Staircase was so magnificent it has swirl details when looking up and straight details when looking down...

@jorgegeorge3759 Жыл бұрын

it´s not like they´re going to cook in those kitchens if they are billionaires

@777jones Жыл бұрын

Correct. It’s like having a miniature coal mine in the backyard as an absurd folly or something.

@pjacobsen1000 Жыл бұрын

Some people like to cook, regardless of how much money they have. It can be a hobby. But no, they almost certainly don't cook every day.

@gemstonesparkle7915 Жыл бұрын

What’s funny is that you can see the finishing is modern, whilst there’s plenty of real antique out there perishing for bargains just because rich people want everything quickly as possible.

@TheBusinessBlueprint_ Жыл бұрын

What do you mean?

@blackkray8351 Жыл бұрын

@@TheBusinessBlueprint_ rich people have no taste

@martintaylor-reid4141 Жыл бұрын

Absolutely fantastic summary!

@vinny81604 Жыл бұрын

Mr. Superlatives is the finest example of bloodsuckery in the luxury real estate business

@josestubbs9379 Жыл бұрын

Love this video great content

@lmaobro-we7ig Жыл бұрын

Realtors are really the only reason a house has any value.

@jacksonhanson154 Жыл бұрын

My god, that snooker room in the opening is unbelievable.

@WorkSmarter__ Жыл бұрын

Not sure how this guy have become successful salesman dealing with luxurious properties

@wiki9361 Жыл бұрын

I bought two houses spontaneously and I am not super-rich, though. And, note, that even the most expensive kitchen will be used, so after a few years it has to be refurbished. Used, second-hand is only valuable if you are talking top-notch antiques and historical, listed houses.

@storiesreadaloud5635 Жыл бұрын

True. Also, people often change the kitchen and bathroom after buying, but maybe the super rich don't do that.

@activeone Жыл бұрын

Where did you buy tho

@wiki9361 Жыл бұрын

@@activeone why? Are you looking for a house to buy? Mine will cost you only EUR 1,2 million.

@Galaxyofbrian Жыл бұрын

Second property is my favourite and it was the pool design that did it for me. 😊

@anoshya Жыл бұрын

Very much like a Harry Enfield character

@garyestcourt2377 Жыл бұрын

Selling main piont is the kitchen and bathroom, so just the same as a two up two down then 😅

@blakeaaron5698 Жыл бұрын

His suit looks like it came from a dollar store, is he for real?

@wiki9361 Жыл бұрын

He is dresing down, apparently 😆

@dw4525 Жыл бұрын

2:22 how ingenious that the staff door is concealed

@SCARRIOR Жыл бұрын

@charliecharlie2288 Obviously, it's your house afterall. If you want people to live with you and not serve you, get a room mate. duh

@mcapril291 11 ай бұрын

I would hate to climb that massive multistory staircase to go to bed at night!

@iipickpocket2814 Жыл бұрын

For God's sake sort out your tie

@lizwilliams2097 Жыл бұрын

and meanwhile, school children are showing signs of malnutrition because their parents can't afford food anymore

@sefer-nv6cn Жыл бұрын

He said that 80 million pounds is not a lot of money? In what world is 80 million not a lot of money for a house? You could get a historical estate in Tuscany for a quarter of that for god's sake. You can buy land in the country side and build the chateau of your dreams for that amount. It's absolutely absurd how people can think this in this day and age.

@salviaofficinalis02 Жыл бұрын

You can get a historical house in Tuscany for £30k and renovate it, there are towns where you can even buy a house for £1 and renovate it, albeit they're very run down.

@LJLloyd2010 Жыл бұрын

Stop with the fake offence/outrage and instead take what he said in the context it was intended.

@lifesucks5322 Жыл бұрын

i would imagine that if you work mostly with billionaire type people or families they probably already have that house in tuscany and so on and as he said 80mil isn’t all that much if you have a fortune of 1bil or more

@mrvk39 Жыл бұрын

he said for someone with a net worth of $10 billion....

@LJLloyd2010 Жыл бұрын

@@mrvk39 Yeah, these people piss me off. When I watched the vid I knew I'd find at least one moron in the comments who either chose to completely ignore the context, or heard it but wanted to fake outrage just to seem relatable for thumbs up. It's predictable and tedious.

@piipoo147 Жыл бұрын

5:20 i saw that house from the plane window while leaving London a couple weeks ago

@storiesreadaloud5635 Жыл бұрын

Dude looking good for 70. I would have said late 50s

@arunavbaruah123 Жыл бұрын

Great video! look to join that class soon.

@anilachar323 Жыл бұрын

2:20 Perfect definition of 'staff should neither be seen nor heard'. Feudalism is alive and thriving. "Come around this way...Don't waste your time...The gold leaf over here alone has cost hundreds of thousands of pounds... (family) with whom we've worked for very, many years..." This upper crusty English is most entertaining, to say the least. Shall we trot down to the Knightsbridge Gentlemen's Club for some tea? - and I can regale you with some anecdotes of the former, most charming owners of the properties, that seems to have caught your fancy!

@debrapurvis4408 Жыл бұрын

It makes the quibbling about where Prince Andrew should live embarrassing for the King

@edgedg Жыл бұрын

What a based edit, tnx!

@goldengalsclazy Жыл бұрын

Since we usually deal with norms in the real world, 80mGBP is usually considered "a lot of money" even by the richest of standards.

@LMays-cu2hp 7 ай бұрын

Looking very nice!!

@nikhilgoyal007 Жыл бұрын

its another world but good to get a peep :)

@storiesreadaloud5635 Жыл бұрын

Upkeep though. That requires staff. I don't want staff, and I don't want a lot of upkeep. I think renting the place short term is better, and that's not cope, it's genuinely my feeling.

@SukottoX Жыл бұрын

I believe it's foolish to not invest your money in real estate

@LEGACYFOCUS Жыл бұрын

Gorgeous homes❤❤❤❤❤smh

@charlieshhh2030 Жыл бұрын

3:52 this ponce just admitted to breaking the law

@nathanvladmir5554 Жыл бұрын

And here I am in Eswatini looking to start my real estate business and have no investors. I wanna build a block of apartments 40 to be precise each at 15 000 pounds and will sell each for 40 000 pounds and he has the guts to say 80 million pounds is not a lot of money 😢😅 life's very unfair

@wiki9361 Жыл бұрын

Eswatini? Where is that if I may ask?

@blackkray8351 Жыл бұрын

@@wiki9361 africa, why not just google it rather than wait for god knows how long for a respone? 😂

@howardjames4109 Жыл бұрын

People who work with rich people always act like they're rich themselves smh

@TheDevilsAccountant 11 ай бұрын

The modern house was beautiful

@bryanb8868 Жыл бұрын

80m just to getyour watch robbed with a sword when you go out for a stroll in Knightsbridge...

@BoomBoom-sr8nt 5 ай бұрын

It really is true… the usual make or break depends on the state of the kitchen and bathrooms… for me tho hahaha

@bertkauwenberghs3174 Жыл бұрын

and then there are people like us...

@rv1251 Жыл бұрын

We need revolution 🎉

@Onedon29 Жыл бұрын

Having all that money and I'm here wishing I could have some of those millions.

@sam7324 Жыл бұрын

Some of those thousands ...

@DK-bm5rg Жыл бұрын

Wonder why all the buyers are from different countrys?

@Yiran Жыл бұрын

4:10 "It's gotta be within reason"

@tictoc5443 Жыл бұрын

Beautiful houses but lest we forget we also inhabit a body and a social system All are necessary jmo

@caio5987 Жыл бұрын

It is what it is I suppose

@frannieswannie6046 Жыл бұрын

realtors/estate agents are not unlike tow truck drivers, lawyers and panel beaters

@colin1235421 Жыл бұрын

So with these ultra rich - whoever the customers are that end up paying their income, the customers (average people) are being ripped off. How about a project is started to expose such funding structures so that average people can boycott such people.

@ozhoneybadger Жыл бұрын

Might wanna HMO this and open up a gym and Airbnb what about the nearest Tesco

@tavom6710 Жыл бұрын

Cocaine is a hell of a drug

@the_real_cookiez Жыл бұрын

I do not want to meet the guy that says 80M is not a lot of money. Maybe at his funeral sure, but meeting him alive would have such a negative impact on my life LOL.

@Rudzani Жыл бұрын

Sounds like somebody is ignoring the context of the statement.

@the_real_cookiez Жыл бұрын

@@Rudzani What's the context of the statement? Please enlighten me.

@thorstluda3545 Жыл бұрын

The type of people buying 80M properties are billionaires, this price is a fraction of their net worth. Whereas you or I can aspire to be fighting in a highly competitive market (

@Enig_Mata 2 ай бұрын

If that staircase is indicative of who this man is, then he can not be trusted. Notice how the staircase changes from 2:07 to 2:17. What happened here?

@lauralikessomestuff Жыл бұрын

That dude looks like a hot mess

@NebkadBible Жыл бұрын

At some point being a salesman has to go beyond believing the earth is flat.

@mrbrandedresidences Жыл бұрын

Legand ❤

@user-tl8zp2vs3e Жыл бұрын

Curious as to why thees individuals/families etc need such overly large and existential properties … ? Is it an ego thing …

@amorosogombe9650 Жыл бұрын

Man. Money is good.

@franko8572 Жыл бұрын

This is how the media works, everybody! Look at the title of this video and what he actually says from 0:34-1:04.

@kingjams Жыл бұрын

With 80M you could declare yourself King in some countries and start a royal bloodline for generations.

@huckleberryfinn6578 Жыл бұрын

In countries where you could be lynched spontaneously at any time. It just doesn't happen in England, which is why you pay 80 million for a house instead of a throne.

@kingjams Жыл бұрын

@@huckleberryfinn6578 Africa has rulers that have been in power for many years, when you have money, you have power and respect, you get security and take care of people who will show you admiration. I'd rather have a Throne, word to the Royal Family.

@blackkray8351 Жыл бұрын

we wuz kingz an shieet nigga!

@joselito7776 Жыл бұрын

Spectacular? No. You mean an exercise in conspicuous consumption. Tacky.

@latorregolf Жыл бұрын

These are investment chips in the fiat currency casino. With added benefit you can live in them.

@rorywhittaker4485 Жыл бұрын

He wouldn’t say that if he was buying the properties

@Bangastarch Жыл бұрын

What was the name of the family of Indian descent in central Africa ?

@Krwler Жыл бұрын

There's wealthy and then there's obscene. How can people be so comfortable with such opulence when one third of the world starves?

@trapdaddyflex3103 Жыл бұрын

Probably because the people who can afford something like this are directly responsible for employing thousands of people. If you started a company that directly employs thousands of people and indirectly employs even more, you probably don't feel so badly.

@cianog Жыл бұрын

Lets all be poor. 😅😅

@litamtondy Жыл бұрын

@@trapdaddyflex3103You must be new to the English language, let me help you out. The word you wanted to write is "exploit", not "employ".

@mnledesm Жыл бұрын

Not satisfied with your own life? Think you own the moral high ground for the comment? Do something productive with your own life and enjoy it. Don't blame society for your failures and your seat in society.

@Lambyyy Жыл бұрын

@@litamtondy You're a moron if you think all wealthy have exploited people to earn their wealth.

@smithjohn2416 Жыл бұрын

Feel like I'm not welcome here lol. I'm too much of a peasant to be viewing this footage

@red-lm2qg 6 ай бұрын

what a lie. London has very few states costing more than 80 mil. Billionaire through their trust/agent/capital management is also negotiating price below the asking price. only a fe of them live in such estate, most of them don't live in 100 mil estate In London.

@willgoulding4074 Жыл бұрын

"intrinsic"

@zcorpalpha2462 11 ай бұрын

Future Rich Generations of Earth 🌏 , this is timeline of Thousands of years forward Poor Bones turn to Dust 🌬️💨

@tarawhite4419 Жыл бұрын

How sad

@elisa7881 Жыл бұрын

The French royal family...

@naimakelly7581 Жыл бұрын

Well said if a person his a multi billionaire then £75/£80,000,000 millions is not large amount of money as their assets is in billions.🌹❤️✈️🙏🥰😢🥰🍀❤️❤️🌹👍👍😒😒🥶🥵😱😡😱😡

@vinaysingh6229 Жыл бұрын

5:10 who is jatania indian family ? Never heard of them

@jjbarker7450 Жыл бұрын

So expensive yet so depressing

@jamalhackett7528 Жыл бұрын

These houses seem too gaudy and impractical.

@dac8939 Жыл бұрын

I would expect him to get a gym membership and some decent clothes

@davidsmith8376 Жыл бұрын

I dont have £100m so wont be buying but i am not sure he was selling those houses to me. All rather boring.

@jimmynoble Жыл бұрын

This man reminds me of Marco Pierre White

@katharinarobinson9813 Жыл бұрын

Money is like muck, best spread about….why the hoarding of money

@ProducerGio Жыл бұрын

Idk who harry sortsman is sir nor bobby buckly

@haruspex1-50 Жыл бұрын

Maybe since £80 million isn’t a lot for the house, maybe we should burn it down. After all it’s only £80 million. Practically pocket change

@patmanrick Жыл бұрын

Bit of a non sequitur though isn't it... (It's not like we have a societal norm where we burn down other people's cheap houses)

@karlsugden4161 6 ай бұрын

You are only as wealthy as from today as tomorrow is not promised it's a gift from the universe to have another chance to live another day only ✨️ 3 things money can't buy health true love and the precious gift of time other than that you can't can buy anything you desire

@SimplySheilaB Жыл бұрын

Saying 80 million isn’t much is obscenely vulgar

@patmanrick Жыл бұрын

That's not what he said though... He said it wasn't much for that house. Which is a different thing entirely. 80m is an awful lot of money, but it isn't a lot of money for lots of things. For example if you wanted to build a skyscraper in New York, or if you wanted to start an electric car company etc. etc. context is important, you're just looking to be outraged.

@mattiles5811 Жыл бұрын

The title of this video is embarrassing. Possibly the worst clickbait I’ve ever seen

@stuart2151 Жыл бұрын

Saw the title and came straight to the comments 😂

@lizwilliams2097 Жыл бұрын

the vulgarity of a house like that

@gemechugemeda5555 Жыл бұрын

'£80 million is not a lot of money' so ????

@uthmaanpacsa7259 Жыл бұрын

Sir your knowledge, experience and wisdom is true and spot on about property value. ❤

@user-zn4je5oi8d Жыл бұрын

Μετακόμισε σε μικρότερο τό δικό μου είναι 20 τετραγωνικά 😊

@w.harrison7277 Жыл бұрын

When I look at these incredibly expensive homes they don't seem to live up to the asking price. At that price point I want first of all a very special location and specacular view. It could be ocean, Swiss mountains, maybe city. Most city views aren't exciting, especially now that the cities have been ruined by liberals who won't enforce law.